3-bed · 1,669 sqftMimosa, Damac Hills 2 · completed 2021

XU568B, Mimosa

Sold prices and rental history: sold twice, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XU568B · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 1.1M20 May 2024
Current rentAED 42K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XU568B, Mimosa

What is XU568B worth today?

Last sold for AED 1,100,000 in 2024

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20 May 2024SoldReady
AED 1,100,000AED 659 per sqft
1 Apr 2023RentedRenewal
AED 42,000/yr12 months · AED 25 per sqft
1 Apr 2022RentedNew contract
AED 42,000/yr12 months · AED 25 per sqft
12 Dec 2021Sold by developerReady
AED 869,000AED 520 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2021
Last sold
AED 1.1M · May 2024
Community
Mimosa

About XU568B, Mimosa

XU568B is a three-bedroom villa of 1,669 sqft in Mimosa, a villa community in Damac Hills 2 completed in 2021 by DAMAC. It last sold on 20 May 2024 for AED 1,100,000, or AED 659 per sqft, 10% above the AED 599 three-beds in the community were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 42,000 a year: a gross yield of 3.8% on the 2024 price.

Sales and rents for XU568B over time

Sales
Villa XU568B, each saleTypical three-bed in Mimosa
1M1.25M1.5M2016201920222025Typical sale price by year: 2016 AED 999,999; 2017 AED 1,000,000; 2018 AED 1,077,125; 2020 AED 1,049,999; 2021 AED 869,000; 2022 AED 869,000; 2023 AED 1,000,000; 2024 AED 1,180,000; 2025 AED 1,350,000; 2026 AED 1,410,000Sold by developer, December 2021: AED 869,000 (AED 520 per sqft)Sold, May 2024: AED 1,100,000 (AED 659 per sqft)

XU568B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XU568B, each contractTypical three-bed in Mimosa
40K60K80K2021202320252027Typical rent by year: 2021 AED 42,000; 2022 AED 46,000; 2023 AED 54,000; 2024 AED 69,906; 2025 AED 81,500; 2026 AED 83,500New contract, April 2022: AED 42,000 a yearRenewal, April 2023: AED 42,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Mimosa, and where XU568B sits

All 338 3-beds →

XU568B last sold in May 2024 at AED 659 per sqft, 10% above what three-beds in Mimosa were fetching at the time (AED 599). Over the last 12 months three-beds sold for AED 1,270,000 to 1,550,000, around AED 825 per sqft, and rent for AED 63,360 to 110,000 a year. XU568B's AED 42,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
16 Feb 20261,450,000
5 Feb 20261,330,000
30 Jan 20261,325,000
30 Jan 20261,370,000
13 3-bed sales in the last 12 months

Mimosa

Community

338 villas, 3-bed in Damac Hills 2, completed in 2021 by DAMAC. 13 sold in the last 12 months.

Typical price per sqft
AED 825 Up 2.7%
Typical sale
AED 1.4M
Typical rent
AED 83K /yr
Typical yield
6.0%
Mimosa, Damac Hills 2: prices, sales and rents →

XU568B, Mimosa in numbers

  • Sold twice: first on 12 December 2021 for AED 869,000, last on 20 May 2024 for AED 1,100,000 (AED 659 per sqft).
  • Rented since April 2022 on 2 Ejari contracts, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 3.8%.
  • Three-beds in Mimosa sold for AED 1,270,000–1,550,000 in the 12 months to November 2026; the community's median across all types is AED 825 per sqft.

Source: Dubai Land Department. Updated 20 May 2024.

Questions about XU568B, Mimosa

What did villa XU568B last sell for?

AED 1,100,000 on 20 May 2024: AED 659 per sqft for 1,669 sqft. The villa has 2 registered sales; the first was AED 869,000 in December 2021.

What is the rent for villa XU568B?

AED 42,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 42,000.

How big is villa XU568B?

1,669 sqft (155.1 sqm): a three-bedroom villa in Mimosa, completed in 2021.

What is villa XU568B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mimosa sold for AED 1,270,000 to 1,550,000 in the last 12 months, around AED 825 per sqft.

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Mortgage on XU568B, Mimosa

Starts from the last sale price (AED 1.1M, 20 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →